Cyprus Business News

European fintech company payabl. this week announced that it has expanded into the Lithuanian market, formalising its presence in Vilnius and establishing the city as its hub for the Baltics ...

The Central Bank of Cyprus (CBC) on Tuesday forecast steady growth for the Cypriot economy in 2025. According to its September 2025 macroeconomic projections, gross domestic product (GDP) is expected to rise ...

The European Investment Fund (EIF) and Eurobank (Cyprus) on Tuesday announced the launch of the first InvestEU Guarantee transaction in Cyprus, unlocking €62.5 million in new financing for small and medium-sized ...

The Consumer Protection Service on Tuesday announced that it has imposed substantial administrative fines on the Bank of Cyprus and Eurobank (Cyprus) for including unfair terms in their mortgage loan ...

The Cyprus Consumers Association this week issued guidance to consumers following a surge in complaints against a travel agency that failed to meet its obligations to clients. The association, which ...

Eurobank Holdings this week announced that its subsidiary, Eurobank, has successfully completed an additional bond issuance following strong interest from institutional investors. The bank said the move concerns its high-priority ...

Atlantic Insurance Company Public Ltd on Tuesday announced that Astrobank has reduced its stake in the firm through a series of pre-agreed share sales. The company said that between September 16 ...

The Cyprus Securities and Exchange Commission (CySEC) has warned investors about several websites that are not authorised to provide investment services or perform investment activities in Cyprus. The regulator stated ...

Cyprus-based owners are accelerating investments in dual-fuel and energy-efficient ships, backed by government incentives, as global fleet control remains concentrated among a handful of players led by Mediterranean Shipping Company (...

Finance education stands out for combining theory, practice, behavioural insights, and global financial systems, according to Constantinos Kourouyiannis, president of CFA Society Cyprus. In a piece of analysis released on ...

Civil servants who declare they are working from home but are found in coffeeshops or other locations will face disciplinary action under a bill extending remote work in the public ...

Deputy Shipping Minister Marina Hadjimanolis on Monday said that the welfare of seafarers is at the top of the ministry’s priorities. She explained that during the Cypriot Presidency of ...

Cyprus-headquartered ASBISc Enterprises Plc, commonly referred to as as Asbis, this week reported that estimated consolidated revenues for August 2025 reached approximately $316 million. This represents an increase of approximately 36 per cent ...

Freedom24, the European subsidiary of global financial services group Freedom Holding Corp., on Monday announced that it recently opened its second flagship office in Limassol. The new building, Freedom Tower ...

The Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited on Monday announced changes to the composition of their board committees. Firstly, the new composition ...

Deputy Shipping Minister Marina Hadjimanolis on Monday said that the welfare of seafarers is at the top of the ministry’s priorities. She explained that during the Cypriot Presidency of ...

Limassol Mayor Yiannis Armeftis has outlined a wide-ranging plan to modernise the city centre and coastal front, setting out proposals to Interior Minister Constantinos Ioannou for projects aimed at reshaping ...

Cyprus’ shipping community is mourning the death of Doros Ieropoulos, former president of the Cyprus Shipping Association (CSA) and board member of the Cyprus Ports Authority (CPA), who passed away ...

Larnaca mayor Andreas Vyras has said that projects worth around €30 million are either under way or set to begin soon in the fast-growing municipal districts of Livadia and Oroklini. Speaking ...

The Bank employees’ union Etyk Welfare Fund (TEtyk) is moving ahead with the construction of four apartment buildings in the Platy area of Aglandjia in Nicosia, offering members priority access ...

The government will continue to back the Larnaca local district organisation (EOA) as it seeks to become a modern and efficient body serving residents’ needs, Interior Minister Constantinos Ioannou said ...

Eurobank Holdings on Monday announced the acquisition of 2,712,383 of its own shares between September 15 and September 19 at an average acquisition price of €3.24 per share, for a total cost of €8.78 million. ...

Demetra Holdings Plc on Monday repurchased 5,000 of its own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO), according to a company announcement. The transaction took place during the ...

The Cyprus Institute of Neurology & Genetics (CING) is coordinating a new European Erasmus+ project aimed at promoting gender equality in studies and careers related to Information and Communication Technologies (...